UNIVEST FINANCIAL Corp Trims Stock Position in Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC)

UNIVEST FINANCIAL Corp lowered its stake in shares of Dimensional U.S. Core Equity 2 ETF (NYSEARCA:DFAC) by 11.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 38,860 shares of the company’s stock after selling 5,221 shares during the quarter. UNIVEST FINANCIAL Corp’s holdings in Dimensional U.S. Core Equity 2 ETF were worth $1,344,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DFAC. LPL Financial LLC increased its position in shares of Dimensional U.S. Core Equity 2 ETF by 2.4% during the fourth quarter. LPL Financial LLC now owns 18,164,170 shares of the company’s stock worth $628,299,000 after acquiring an additional 419,096 shares during the last quarter. Apella Capital LLC boosted its stake in shares of Dimensional U.S. Core Equity 2 ETF by 20.3% during the 4th quarter. Apella Capital LLC now owns 10,595,895 shares of the company’s stock valued at $366,512,000 after buying an additional 1,789,147 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of Dimensional U.S. Core Equity 2 ETF by 5.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 10,282,671 shares of the company’s stock valued at $355,678,000 after buying an additional 514,078 shares during the last quarter. Rockwood Wealth Management LLC grew its position in shares of Dimensional U.S. Core Equity 2 ETF by 4.0% during the fourth quarter. Rockwood Wealth Management LLC now owns 9,718,387 shares of the company’s stock worth $336,645,000 after buying an additional 373,115 shares in the last quarter. Finally, SJS Investment Consulting Inc. increased its stake in shares of Dimensional U.S. Core Equity 2 ETF by 1.2% in the fourth quarter. SJS Investment Consulting Inc. now owns 9,128,342 shares of the company’s stock worth $315,749,000 after buying an additional 104,084 shares during the last quarter.

Dimensional U.S. Core Equity 2 ETF Price Performance

NYSEARCA DFAC opened at $33.60 on Thursday. The company has a market capitalization of $31.86 billion, a price-to-earnings ratio of 20.92 and a beta of 1.01. Dimensional U.S. Core Equity 2 ETF has a 12 month low of $29.99 and a 12 month high of $36.66. The company’s fifty day moving average price is $34.84 and its two-hundred day moving average price is $34.88.

Dimensional U.S. Core Equity 2 ETF Announces Dividend

The business also recently declared a dividend, which will be paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th will be given a dividend of $0.083 per share. The ex-dividend date of this dividend is Tuesday, March 25th.

About Dimensional U.S. Core Equity 2 ETF

The Dimensional U.S. Core Equity 2 ETF (DFAC) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equities of all sizes with a tilt toward small-cap companies, seeking to provide long-term capital appreciation. DFAC was launched on Oct 4, 2007 and is managed by Dimensional.